hy yes, it is :
if renishaw is simple, then is needed for the arch to be >= 180*:
... if arch is 180*, thus not greater, then is needed that the arch is between 2 segments that are tangent to it, so to have enough surface for the probe tip to touch
... if arch is >180*, then the arch surface still has to be enough for the probe tip to touch it
*for simple renishaws, direction when probing must be paralel to machine axis, thus the arch must be somehow 'aligned'
if renishaw is fancy, thus real 3d, then you may measure any arch in space, included those that are in tilted planes ( not paralel to machine planes ), and/or those <>180*, including small arches like only 15* for example
if your renishaw is simple, but the arch itself is not friendly oriented, or <180*, then you may still measure it, but by using an intermediate calibration method for the renishaw, thus the probing results will no longer be absolute, but relative to the calibration method
all above is available for 3 axis; rotary axis allows some advantages, even with simple probes
if you wish, share a photo / kindly